FirmaIQ
Org.nr 998 085 497 2017 → 2018 Year-over-year analysis

ABBVIE AS: årsregnskap 2018 vs 2017

Shrank 5% on revenue, cash halved-plus

approved 2019-06-26; registry 2019-07-09; journal 2019 645103

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2018 with 2017 for ABBVIE AS. Revenue 472.96m NOK → 449.29m NOK (-5.0%). Equity 44.48m NOK → 59.72m NOK.

On the constructive side: equity strengthened. Pressures included: revenue fell; cash fell; payroll up without matching revenue.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for ABBVIE AS.

At a glance

Scorecard

Revenue
472.96m NOK 449.29m NOK
-5.0%
Equity
44.48m NOK 59.72m NOK
+34.3%
Cash
51.4k NOK 0 NOK
-100.0%
Total assets
151.66m NOK 147.29m NOK
-2.9%

What improved

  • ↑

    Equity strengthened

    Book equity 44.48m NOK → 59.72m NOK (equity ratio 29.3% → 40.5%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 472.96m NOK to 449.29m NOK (-5.0% YoY). Calculated

  • ↓

    Cash fell

    Bank deposits 51.4k NOK → 0 NOK (-100.0% YoY). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 96.20m NOK → 11.11bn NOK (20% → 2472% of revenue). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 301.14m NOK → 285.22m NOK (-5.3% YoY). Calculated